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Pin to quick picksBlackbird Share News (BIRD)

Share Price Information for Blackbird (BIRD)

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Share Price: 5.40
Bid: 5.30
Ask: 5.50
Change: -0.05 (-0.92%)
Spread: 0.20 (3.774%)
Open: 5.45
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Blackbird Makes "Good Progress" In 2019 Towards Growth Strategy

Mon, 10th Feb 2020 11:00

(Alliance News) - Blackbird PLC said Monday it has made "good progress" in the second half of 2019.

In the first half, covering the six months to June 30, Blackbird posted a GBP1.2 million pretax loss on revenue of GBP479,474.

The cloud video editing firm said it was able to build on its direct customer wins in 2019 and is hoping to secure original equipment manufacturer contracts.

Blackbird noted it is in "advanced discussions" with a number of its "high profile" direct customers over OEMs.

"The company will keep the market updated accordingly," Blackbird added.

The company is scheduled to release its 2019 results on April 27.

Shares in Blackbird were down 3.1% in London on Monday at 15.50 pence each.

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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